Quick Ratio Analysis of Tapestry Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jun-23
Indecisive Quick Ratio
1.12
Period Ending - Jun-22
Indecisive Quick Ratio
1.08
Growth
4.37 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
5.98
Quick Ratio Analysis of Tapestry Inc
| Quick Ratio of Tapestry Inc with value of 5.98 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of TPR has grown by 4.37 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.94 was highest in Year Jun-19 in last Five Years. |
| Quick Ratio with value of 1.04 was lowest in Year Jun-20 in last Five Years. |
| Latest Quick Ratio with value of 1.12 is lower than Average Quick Ratio of 1.41 in last five years. |
Other Quick Ratio Related Info of TPR that may interest you.
Tapestry Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TPR | 43.49 | 42.35 | 2.69 % | Luxury Goods |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Quick Ratio of Tapestry Inc
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.12 | 1.08 | 1.85 | 1.04 | 1.94 | 1.87 | 4.62 |
| Change | 4.37 % | -41.93 % | 77.64 % | -46.19 % | 3.35 % | -59.44 % | 122.94 % |
FY Chart of Quick Ratio of Tapestry Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)